Bismarck, Clark County, Arkansas Property Taxes

Name: Property Tax Bills Across Bismarck, Clark County, Arkansas
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Bismarck, Arkansas effective property tax rate: 0.62%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Bismarck, Arkansas home value: $85,500
Median annual Bismarck, Arkansas tax bill: $460, $1,940 lower than the national median property tax bill of $2,400.

How are property taxes in Clark County calculated?

Property taxes in Bismarck, Arkansas are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Bismarck’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bismarck, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Bismarck, Clark County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.62%

Estimate Property Tax Bill

$530

$492

Ownwell’s Bismarck Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Bismarck with just two data points. By entering your property's estimated assessed value, our calculator applies Bismarck’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Clark County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Bismarck, Clark County, Arkansas

Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variability arises because each county, like 05019 in Arkansas, annually estimates the budget needed to provide essential services. They then divide this budget by the total assessed value of all taxable property in their jurisdiction, resulting in the property tax rate. While votes and legislation play a role in setting these rates, this is the fundamental process.

Bismarck’s effective property tax rate is a point of interest when compared to other cities in Arkansas and the broader national landscape. With Arkansas having a median property tax rate of 0.61%, Bismarck’s rate stands out in comparison to the national median of 1.02%. This lower rate can be appealing to property owners, especially when contrasted with the national median property tax bill of $2,400. Understanding these differences can help homeowners make informed decisions about property investments and tax appeals, potentially leading to significant savings.

Property Tax Rates Across Bismarck, Clark County, Arkansas

Source: Ownwell

0.83%

0.94%

1.06%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Bismarck Taxx Rate

0.62%

Median Effective Clark County Taxx Rate

0.86%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Bismarck, Clark County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
71929	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Bismarck, Clark County, Arkansas

When examining property taxes in Bismarck, Arkansas, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Clark County Assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Clark County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Bismarck. For example, the median home price in Bismarck is $85,500, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Bismarck, Clark County, Arkansas

Source: Ownwell

$34,750

$62,325

$89,900

Median Bismarck Market Value

$85,500

Median Clark County Market Value

$58,450

Median Arkansas Market Value

$113,950

Median United States Market Value

$244,900

Property Tax Assessment Values Across Bismarck, Clark County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
71929	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Bismarck, Clark County, Arkansas

In Bismarck, located in Clark County, Arkansas, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. Homeowners in Bismarck experience property tax bills that vary significantly, with the 25th percentile at $244 and the 75th percentile reaching $1,015. For those at the 90th percentile, tax bills can climb to $2,010. These figures highlight the variability and potential burden of property taxes on homeowners. Compared to the national median property tax bill of $2,400, Bismarck's tax bills can be more manageable, but they still represent a significant cost for many residents. Factors influencing these tax bills include the property’s assessed value and local tax rates. Ownwell offers services to help homeowners reduce their property tax burden. By providing expert guidance on appealing property assessments and identifying potential exemptions, Ownwell can help ensure that homeowners pay only their fair share, potentially saving them hundreds or even thousands of dollars annually.

Property Tax Bills Across Bismarck, Clark County, Arkansas

Source: Ownwell

$222

$474

$725

Median Bismarck Tax Bill

$460

Median Clark County Tax Bill

$458

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,690

Property Tax Bills Across Bismarck, Clark County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
71929	N/A	N/A	N/A	N/A	N/A

Source: Ownwell